GOLD Outlook2.618 fib Cup
3.618 fib Handle
Wolfpack Green wave
RSI: Room for overbought + future div
2023 Recession = Safety in Metals
Measured Cup & Handle Target 1: $2700 - confluent with 2.618 handle fib!
Target 2: $3000 Max extension
Usdgold
xauusdgreat weekend as ccpeted gold pull back and fly up to 2529, this wee as i see gold made low and uper wick but the body close bearish. that may concern gold may continue short after retesting 2406,2408 (sbr),
safe zone to take long midium risk
2462/2464
low risk zone
2440/2442
let me know if you have any concer.
Seize the "Gold"en chance now! Prices could skyrocket!The hourly chart is showing the development of a double bottom pattern.
- If the neckline at the 2404 level is breached, we could witness a surge in gold prices. The anticipated upside targets are as follows:
- 1st target - 2418 level
- 2nd target - 2453 level
- 3rd target - 2475 level
xauusdsimple chart and simple stratgy makes you profitable, i belive if the line make you understand for next week and as end of the closing candlle, what is going to happen for a gold. if not, leave a comment ill response asap.
XAU/USD 15 March 2024 Intraday AnalysisH4 Analysis:
Analysis/bias remains unchanged from yesterday's 14/03/2024) analysis
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a swing BOS and subsequently a bullish iBOS.
Bearish CHoCH has been printed.
We are now trading within an internal range.
As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not confirmation that bearish pullback is underway, will indicate pullback initiation has now been printed.
Bearish iBOS will provide confirmation that pullback is underway.
Due to the bullish nature of the market, Intraday expectation is for price to target internal high, however, all HTF's are indicating the need for a pullback, therefore, a second potential scenario could be price targeting internal low to confirm pullback is now underway.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bearish iBOS which confirms comments made on 12 March 2024 that it would be useful to remember that all HTF's are requiring a pullback.
Price did try to target weak internal low, as per my comments made yesterda however, we saw price react at an M15 POI.
Intraday expectation is for price to react again at 50% EQ, which price is currently doing, or react in premium of 50% EQ, before targeting weak internal low.
M15 Chart:
XAUUSDgold is in under range ( 1973 ressistance to 1930 support level) as clearly can see in the picture,,this is 4hour discription, as you can see its been 3 time test on 1930 suppport level and huge 200pip candle fly to sky and stop above the previous candle on D1 chart frame. as i predicted that gold can have 2 plan A or B . what you all think let me know if you have any qustion feel free.
Expecting Gold to head SouthI'm more confident than ever that the USD is going to grow from here, at least to 105, and then let's see. There's loads of scare mongering (and I believe it is just that) around the US debt ceiling (I do not believe that either political side will allow the US to default, at all - loads of fud about insurance policy sales on the increase to hedge against this - blx), and also that China et al are working to remove the USD as the global currency (I 100% believe this is in process, but it's going to take 10 years, not 10 days, nom sen!).
For gold, looking at the weekly, we have a long rejection wick (for the third time in the last 2 years), so like the last two, I'm expecting a retracement from here.
This is a 3:1, but if we break 1970 then I'm expecting further falls, we drop below 1950 and it's going to drop big!!
Only caveat for me is we've seen gold behave rather oddly recently (eg rising as DXY rises), however I believe a big USD push will force Gold down, but keep your wits about you, nom sen!!
Trade safe!
GOLD (XAUUSD): Update Up local trend#XAUUSD (Update)... GOLD will keep growing Because it is in the local uptrend And recently broke the key level So will be expecting Bullish continuation....
Gold will go down !!As u can see now gold will continue its downtrend after that correction is done and trend is broken
An insight on XAAUSD (GOLD) Gold went bullish on structure, after leaving us with a couple of lost trades and untagged ones we still follow our strategy with it, Another buyb is taken
XAUUSD ShortHey traders, in this week we are monitoring XAUUSD for a selling opportunity around 1828 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
My analyse gold 30 Mhello traders
today i share with you my view about gold timefirm 30 M in this chart i chow you direction of gold , I studied a lot to trace pitchfork , and now you see the result :)
BY TOUZAMRI SAMIR
GOLD - Cup and Handle formation. Very Bullish!GOLD - Cup and Handle formation. Very Bullish!
For shorter term, yellow channel range bound. Breakout likely to the upside.
GOLD $/Oz Daily Chart -Short!Gold on the way to finish last leg up
to perhaps at the current level or more
to as high as $2030/Oz.
Then a downtrend may resume for much
lower level perhaps to as low as $1400
in the coming months or so.
XAUUSD Goldso in the previous entry the gold hit my SL and did to new block but now i will hit my TP
GOLD SELL TP_1794.68_4.82%_90.82pips_SL_1896.57_0.59%_11.07pipsGOLD SELL TP_1794.68_4.82%_90.82pips_SL_1896.57_0.59%_11.07pips
GOLD SELL TP_1792.92_7.02%_135.30pipsSL_1955.02_1.39%_26.80pipsGOLD SELL TP_1792.92_7.02%_135.30pipsSL_1955.02_1.39%_26.80pips
NZDUSD TRADE IDEA I'm already in in this trade if you want also you can try your analysis if you happy with
As i always tell don't take my words serious make also your analysis if they match is good if I'm wrong tell me and drop your comments in the comments below thanks you
